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Dubai Offshore - UAE Offshore - Ras Al Khaimah - RAK Investment AuthorityRas Al Khaimah is one of the fastest growing emirates in one of the fastest growing economies in the world, the United Arab Emirates. Renowned for its natural beauty and art de vivre, Ras Al Khaimah has also gained a reputation for being a transparent, tax-free, corruption-free and no-red-tape location to do business. Its booming economy and proximity to other major international centres like Dubai has attracted hundreds of large, medium and small businesses from every part of the world. It continues to attract major interest from foreign investors considering an offshore company incorporation project. The Rak Investment Authority is making it possible for non-resident corporations, entrepreneurs and individuals worldwide to enjoy all the advantages of UAE offshore company incorporation, which were previously only available to resident entities. At RAK Offshore, the sole raison d’être is to help your business succeed. From the very outset, it was conceived to allow you to unleash your entrepreneurial spirit by making it easier and more cost-effective to start and operate a UAE offshore business. Ras Al Khaimah offers businesses and individuals a wide range of comprehensive services and structures that are dedicated to non-residents. RAK Offshore also benefits from one of the most comprehensive lists of non-double taxation treaties in the world, including with China, India, Italy, France and Germany. Physically located in the superb infrastructure of the upcoming Ras Al Khaimah City, the RAK Investment Authority will allow a wide variety of international business and financial activities and is the perfect location to consider offshore incorporation.
For international business companies Ras Al Khaimah is an ideal location for international business operations and asset protection schemes. If you are looking for a Dubai location where you can register your LLC, Société Anonyme or GmbH without too much cost or hassle, RAK Offshore is the answer. For maritime activities Ras Al Khaimah offers open registry of yachts and private boats. It will also offer open registry of commercial vessels in the near future.
Thanks to its proximity to major economies, strategic location between the East and the West and ready access to a flexible, multicultural, multilingual and highly skilled workforce, RAK Offshore is the perfect place for outsourcing businesses in accounting, audit and other back office operations.
You can register International Business Companies bearing the status of Ltd, GmbH, Ltda or Société Anonyme with the RAK Investment Authority.
The RAK Investment Authority offers all the necessary infrastructure and regulatory framework required to conduct a comprehensive range of offshore financial activities.
Charitable Trusts and Foundations Corporate Special Trusts As the owner of an operating business, you can continue to maintain control over your company by setting up a Corporate Special Trust.
Offshore Banking*
The RAK Investment Authority takes special care to give small and medium enterprises the option of offshoring their business through the creation of dedicated instruments, and enjoying the resulting benefits,some of which are listed below:
A government entity of Ras Al Khaimah, RAK Offshore has been developed and is managed by the RAK Investment Authority (RAKIA), an autonomous institution with a successful track record of promoting business, industry and tourism in Ras Al Khaimah.
Currency AE Dirham pegged to the US Dollar Time Zones GMT + 4 hours Airports Ras Al Khaimah Airport: 15-minute drive from RAK Offshore Sharjah Airport: 30-minute drive Dubai Airport: 40-minute drive Ports Saqr Port: Eight 200-metre long deep water berths, dredged to 12.2 metres, serves over 1,400 vessels annually Al Jazeera Port: New multipurpose port RAK Port: Historical trading port RAK Offshore is the result of the extraordinary vision of H.H. Sheikh Saud Bin Saqr Al Qasimi, the Crown Prince and Deputy Ruler of Ras Al Khaimah. And that vision has been turned into reality by Dr. Khater Massaad, the CEO of RAK Investment Authority. As successful entrepreneurs themselves, they have an intimate understanding of the needs and requirements of the business world. RAK Offshore offers everything business enterprises need to excel in today’s highly competitive environment. H.H. Sheikh Saud Bin Saqr Al Qasimi, Crown Prince and Deputy Ruler of Ras Al Khaimah An alumnus of Michigan University in the US, from where he graduated in Political Science and Economics, Sheikh Saud’s vision for Ras Al Khaimah is founded on the bedrock of free enterprise, focussed on ensuring maximum socio-economic advantages for the people of the Emirate. One of UAE’s most admired corporate icons, it was under Sheikh Saud’s leadership that RAK Ceramics made its biggest strides to become one of the largest ceramic manufacturers in the world. Another tribute to Sheikh Saud’s corporate stewardship has been Gulf Pharmaceuticals (Julphar), a global pharmaceuticals group based in Ras Al Khaimah. Today, Julphar exports to 40 countries with total sales in excess of AED 600 million. Thanks to Sheikh Saud’s vision, Ras Al Khaimah has witnessed a renewed developmental vigour in the last three years and has transformed itself into the most sought-after destination in the Middle East, with several major tourism and industrial projects currently underway in the Emirate
Dr. Khater Massaad is the Chief Executive Officer of RAK Investment Authority and RAK Ceramics. In addition to this, he also spearheads various industrial, tourism and infrastructure developments in the Emirate. Thanks to Dr. Massaad’s innovative and proactive business strategies, Ras Al Khaimah has today captured the attention of global investors who are queuing up to make the Emirate their base. Under his leadership, RAK Ceramics has progressed from one production line of 5,000 square metres per day in June 1991 to 18 production lines manufacturing 140,000 square metres per day with exports to 128 countries around the globe. His achievements have won him innumerable plaudits, including the prestigious Sheikh Mohammed Bin Rashid Al Maktoum (MRM) Business Award for Industry in 2005. A Ph.D. in Sciences (Geophysics) from the University of Lausanne, Switzerland and a Master of Science in Mathematics, Dr. Massaad is a Swiss national of Lebanese origin. He is fluent in French, English and Arabic with knowledge of German and Italian. RAK Offshore is designed to fill a clear gap in the UAE offshore opportunities available to businesses and financial companies. A real need exists among investors and investment professionals in the Gulf, Middle East, Russia and other CIS countries, Europe and South Asia for a UAE offshore location in the region and RAK Offshore has been conceived to address that need.
 Multinational Companies High Net Worth Individuals Family Businesses, Low Profile Companies Banks, Insurance Companies, Fund Management Firms Licensed Ancillary ServicesRAK Offshore aims to be a regional business hub with unique competitive advantages that will appeal to a wide variety of businesses, entrepreneurs and investors.
RAK Offshore is a comprehensive solution that not only provides an ideal Dubai offshore location for international businesses and upmarket financial services but also a strong yet flexible regulatory framework based on global best practices. To deliver on the promise of a comprehensive solution, it offers a combination of distinct but interconnected services and infrastructure.
An upcoming International Offshore Financial Centre for offshore financial services companies and finance professionals.
The Ras Al Khaimah City to house the offices of RAK Offshore as well as all the Dubai offshore businesses and financial services companies that domicile in RAK Offshore. The office space options will range from ready-made offices available on a leasehold or freehold basis to freehold plots of land on which buyers can construct office buildings to suit their needs and taste. The independent RAK Financial Services Authority that will act as a regulatory and auditing body for RAK Offshore and all the financial companies and institutions in RAK Offshore. The RAK Financial Services Authority will be completely autonomous and will comply with all international as well as local regulations on AML and CTF. 
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